
Illuminate Financial
404 The Frames, 1 Phipp Street, London, EC2A 4PS, United Kingdom
Overview
Venture capital firm supporting financial services startups.
Founded
2014
Deals · 12mo
9
Links
Stage focus
Geographic focus
Sector focus
Investment portfolio
- Straiker
Led · Series A · Jun 2026
Straiker provides an agentic-native security platform with three integrated capabilities: comprehensive discovery of AI agents across enterprise environments, pre-deployment adversarial testing to surface vulnerabilities, and runtime protection that monitors activity and stops threats. The founding team includes veterans of Palo Alto Networks and AI/security research, and the company emphasizes a shared intelligence layer that uses production detections to strengthen testing and protections. Since launching in 2025, Straiker has become a partner to frontier AI labs and Fortune 500 enterprises and reports run-rate revenue growth of more than 15x in less than a year. Straiker operates STAR Labs, its dedicated AI threat research arm, which informs its defenses and provides early visibility into emerging attack techniques.
- bunch
Participated · Series B · May 2026
bunch offers a single-source-of-truth infrastructure for European private markets, enabling fund managers and institutional investors to manage the full fund lifecycle, including digital investor onboarding, capital calls, fund administration, fund accounting and tax reporting. The company emphasizes automation and AI-native capabilities to replace fragmented, outdated processes. Led by CEO Enrico Ohnemüller and founded in 2021, bunch operates across Europe with additional offices in London, Amsterdam and Luxembourg. It currently supports over 150 fund managers and more than 12,000 LPs across major European jurisdictions. With the $35M Series B, bunch plans to accelerate commercial growth across Europe and expand into new geographies, asset classes and operational workflows while further developing its automation and AI features.
- Notch.cx
Participated · Series A · Mar 2026
Notch builds an autonomous AI platform that deploys AI agents to automate and execute both conversational and back-office operational workflows while providing visibility, governance, and auditability required for regulated environments. The platform is positioned to move AI deployments from pilots to production by delivering operational results with human oversight and compliance controls. Notch’s solution acts like a company’s support agent, autonomously resolving complex customer inquiries with consistency across channels and languages. The company is led by CEO Rafael Broshi and is headquartered in New York City. Following the $30M Series A, Notch’s total disclosed funding stands at $45M. The company plans to use the new capital to accelerate U.S. expansion and continue developing its platform as an AI operating system for regulated industries.
- Crossover Markets Group
Participated · Series B · Mar 2026
Crossover Markets builds and operates CROSSx, one of the industry’s first execution-only electronic communication networks (ECNs) for spot cryptocurrency trading. The platform offers single-digit-microsecond matching, anonymous and disclosed bilateral liquidity pools, advanced order types and FIX connectivity designed for high-frequency and algorithmic strategies. Since launch, CROSSx has processed more than $50 billion in notional volume across 12 million trades and now supports nearly 100 live institutional participants. Headquartered in Wilmington, Delaware, the company positions itself as a neutral execution layer that eliminates conflicts of interest common on centralized exchanges. With its new capital, Crossover plans to enhance the CROSSx technology stack, expand global operations and deepen integrations with institutional partners such as Tradeweb. Management believes the collaboration with Tradeweb will extend the firm’s global distribution and embed traditional electronic-trading standards into digital assets. The firm’s growth strategy centers on servicing the rapidly converging traditional-finance and crypto markets while maintaining best-in-class speed, transparency and execution quality.
- Waffo
Led · Series A · Feb 2026
Waffo Group Limited offers a modern, scalable payments and monetization infrastructure that consolidates fragmented local payment methods and streamlines checkout and subscription experiences. Its platform targets gaming, AI, SaaS, and other digital-product companies that need reliable, compliant global payment capabilities. By integrating payments, subscriptions, and regulatory safeguards, Waffo enables both solo founders and large enterprises to expand internationally with greater efficiency and stability. The company positions itself as a trusted infrastructure provider, supported by strategic financial-services partners that can open doors to additional enterprise relationships. Waffo has secured US$30 million in total funding to date, giving it capital to enhance its technology stack and deepen market coverage. While specific revenue or user metrics were not disclosed, the backing from marquee financial institutions signals confidence in its growth prospects.